847-533-7144
37696 N IL Rt 59, Lake Villa, IL for Sale
Commercial LAND - FOR SALE
1/18
256,133 SF

37696 N IL Rt 59
Lake Villa, IL 60046


HIGHLIGHTS

  • 5.88-acre mixed-use site with 1,140 feet of Route 59 frontage, installed utilities, and no rezoning required, for a shovel-ready opportunity.
  • Located within the established Amber Shores community, surrounded by completed homes, open space, and planned mixed-use growth opportunities.
  • Entitled development site with surrounding, established residential momentum, and a clear path to robust return on investment.
  • 5-mile demographics indicate a growing population of 115,573 with an affluent average household income exceeding $113,500.
  • Chicago's diversified economy, Fortune 500 presence, and unmatched transportation network create demand for mixed-use commercial development.

OVERVIEW

5.88 Acres /12 Lots/15 Parcels/ Lot Numbers 33-44 Including Outlot "B" (PINs 05-01-209-018 through 030) plus Outlot "C" & "D" (PINs 05-012-09-008 & 05-012-09-017) Multi-Use Commercial/Retail/Office/ Apartment-Condo, fully improved with both Sanitary/Storm Sewers, and Fire Hydrants already installed (PDF Drawings Attached), Lake Michigan water and all utilities to development site located in the Amber Shores Subdivision with 1,140 Ft of road frontage on IL Route 59. On Aug 10, 2026 we met with Lake County Planning, Building & Development, regarding the progressive growth plan for the property, and confirmed that a multi-use development featuring first-floor retail and second-floor residential would be acceptable, and would not require rezoning, and then suggested scheduling a virtual early assistance meeting with the planners and engineers. To assist with site plan ideas and drawings, we have attached the engineering plans(See PDF) confirming the installed storm sewers, sanitary sewers, and fire hydrants for the Amber Shores Subdivision. We also confirmed several critical factors that significantly enhance the development value of the subdivision: - Floodplain Status: All 12 lots are 100% outside the 100-year floodplain boundary, eliminating the need for mandatory FEMA flood insurance and allowing for standard construction with traditional basements. - Gravity-Feed Sewer: The site can utilize gravity-feed sewer lines, removing the requirement for a costly municipal lift station or grinder pump facility and saving an estimated $60,000 to $120,000+ in upfront costs. - Setback Confirmation: The street yard setback for the General Commercial zoning district was previously reduced from 50 feet to 30 feet, providing an additional 20 feet of buildable depth. - Utility Access: Municipal mains are located directly on N. Grand Ave and N. Amber Way, ensuring no off-site extension costs. ZONED: General Commercial/Multi-Use/Business/Office/Retail/Apartment-Condo UTILITIES TO SITE: Yes, Including Lake Michigan Water to site. SURVEY AVAILABLE: Yes, See attached PDF which includes Topography Survey SOIL TEST AVAILABLE: Yes, Upon Request

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Build the Next Phase | Amber Shores Community

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail

LAND ACRES

5.88 AC

LAND SF

256,133 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

GC/MIX-USE/Apartmnt-Condo

APN/PARCEL ID

05-01-209-008,05-01-209-017,05-01-209-018,05-01-209-019,05-01-209-020,05-01-209-021,05-01-209-022,05-01-209-023,05-01-209-024,05-01-209-025,05-01-209-026,05-01-209-027,05-01-209-028,05-01-209-029,05-01-209-030

ASK ABOUT THIS PROPERTY

Kenneth EichelbergerJC Forney Realty IncMore Info
847-533-7144

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Kenneth EichelbergerJC Forney Realty IncMore Info
847-533-7144

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.